Monthly Archives: July 2013

YNew to expand services in used gadgets

The company has earmarked Rs 2.5 crore for exploring opportunities in the organised used products services

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YNew , which deals into used and refurbished lifestyle gadgets , plans to open 50 franchise stores pan-India by 2016. Under this, it would roll out four stores in Hyderabad in the current financial year, said Dashradh Ram Nutakki, its founder.

The company has earmarked Rs 2.5 crore for exploring opportunities in the organised used products services. It had launched a pilot store here with an investment of Rs 20 lakh in April.

YNew, which Nutakki said was a first-of-its-kind initiative, facilitates sale and buy of smart phones, tablets, laptops, desktops and televisions through its physical platform. The products put on sale usually undergo a process of internal testing and certification, involving 13 checks.

For its services to sellers, YNew charges commission in the range of 5-12 per cent, depending on the ask price of the products. It arrives at the ask price by examining cosmetic damages, working condition and the prevailing demand. Nutakki said, “YNew plans to establish presence in a location that has 100 stores transacting in lifestyle products.”

The venture, promoted by Hyderabad-headquartered Sloyd Ventures  Private Ltd, was essentially launched to cater to the needs of individuals. However, it is also witnessing good traction from refurbishers, according to Nutakki.  It also recently started on-call repairs and refurbishments service.

source: htp://www.business-standard.com / Business Standard / Home> Companies> News  /  by BS Reporter / Hyderabad, Wednesday – July 21st, 2013

Ramky in discussions to acquire Australian company

Acquisition to provide Ramky access to high quality technology in the field of environment

Ramky Cleantech Services Pte Limited of Singapore, a wholly-owned subsidiary of  Hyderabad-based waste management company Ramky Enviro Engineers Limited (REEL), is eyeing to acquire an Australian environmental engineering and petrochemical services provider – Enviropacific Services.

“It will take time,” Ramky group chairman and managing director, Ayodhya Rami Reddy, who is currently in Singapore, told Business Standard confirming that discussions were being held.

Standard Chartered and IL&FS Investment Managers are private equity partners in REEL, a company belonging to the Rs 4,500-crore Ramky group.

According to Ramky Infrastructure executive director M Gautham Reddy, it might take 3-4 months to finalise the deal. Though the value of acquisition is yet to be finalised, it is expected to be less than $40 million.

He said acquisition of the Australian company would not only result in synergy of operations but also provide Ramky access to high quality technology in the field of  environment .

The Ramky group is a multi-disciplinary organisation with focus on the areas of civil, environmental and waste management infrastructure.

source: http://www.business-standard.com / Business Standard / Home> Companies> News / by Prashanth Reddy Chintala / Hyderabad – July 23rd, 2013

Keste doubles its headcount at India Development Centre

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Hyderabad:

Keste, the US-based Oracle software solutions and development company, has doubled its headcount at India Development Centre (IDC) here during the last 12 months.

With 120 employees at the IDC located at Hitech City here, the company continues to hire the best talent and has plans to expand its footprint in India to help service the Asia pacific region.

“During the last quarter, we’ve seen significant growth in our business servicing the high-tech, communications, manufacturing and life sciences markets in the region. The region offers huge growth potential for us and we are confident we will be able to maintain our growth,” CEO Howard Moore said in a statement released here Monday.

He said Keste was expanding its operations in India to meet the demands of customers in India and the Asia Pacific.

“This is part of our continuing effort to invest in the India market. A year ago we committed to doubling our headcount in 15 months. I’m very pleased that our growth and investment activity is significantly ahead of schedule,” said Ken Judd, CFO.

Keste provides enterprise solutions in areas, including customer experience, cloud integration and mobility. With hundreds of successful implementations and experience across the full Oracle stack of applications, middleware and hardware, Keste is able to deliver solutions that bring real business value and accelerate enterprise business strategy, added the statement.

IANS

source: http://www.zeenews.india.com / Zeebiz.com / Home> Business> Technology / by IANS / Monday – July 26th, 2013

Biological E’s Japanese encephalitis vaccine prequalified by WHO

Hyderabad :

Homegrown biopharmaceutical company Biological E (BioE) and European biotech company Valneva SE (Valneva) announced that the  World Health Organization (WHO) has awarded its Japanese Encephalitis vaccine  prequalification for global use in adults.

Biological E and Valneva had established a partnership in 2005 for the development and commercialization of a Japanese encephalitis vaccine for endemic regions, based on Valneva’s JEV technology. The vaccine, which was successfully developed under this partnership, is being marketed in India under the trade-name JEEV and its commercialization in other JE-endemic countries is being planned.

BioE said that it expects its pediatric indication to be prequalified by the end of the year.

“This is the first prequalification of a Japanese Encephalitis vaccine and is a key step in ensuring the vaccine can be distributed to developing countries,” the company release said.

Commenting on the development, Biological E Limited managing director Mahima Datla said, “We are happy that our JE vaccine is the first ever WHO prequalified JE vaccine. It is an extremely important achievement for the vaccines community as our vaccine’s prequalification is well in time to support GAVI’s plans of introducing the JE vaccine in several developing countries.”

source: http://www.timesofindia.indiatimes.com / The Times of India / Home> Business> India Business / by Swati Rathor, TNN / July 23rd, 2013

Google India initiative to help women entrepreneurs connect

Mumbai : 

Rupa Aurangabadkar, the owner of Hyderabad-based design house Colourquill, was in a quandary. She wanted to show some patrons how to make murals on walls. Though an expert in design, the self-professed interior stylist did not know how to reach a wider audience.

“Making murals is a unique thing. I wanted to create a video of every step, right from the paper work, assembling it, to the actual mural on the wall,” she said.

Scouting for an opportunity to put her work up for the world, she chanced upon Google’s Women Entrepreneurs on the Web programme, a business diversity programme for women entrepreneurs. Rupa is now working on a series of digital videos that will showcase each step of creating a mural and beam it to the whole world.

Google’s efforts to get women entrepreneurs on the Web appears to have caught the fancy of several housewives like Archana Doshi from Bangalore, who has made a business out of a simple blog, sharing the recipes of her mother to a wider audience. Meghana Musunuri, who opened the Fountainhead School in Hyderabad, needed guidance on how to use the Web to broaden her business and her education mission. A similar situation arose for Dr Evita from Fernandez Hospital in Hyderabad. “Getting online and being in touch makes a lot of difference to your work at the hospital. For, one can reach out to several people and put the services that you offer on the web,” she said.

These women are among the 2,000 women entrepreneurs who have signed up for Google’s programme.

A study conducted by Google India last year revealed that a large number of women entrepreneurs did not have an online presence, and were completely unaware of various products and services that could be used to leverage the full potential of the Internet. This led the company to crystallise the idea into a programme to increase the reach of technology with this community.

As Keerthana Mohan, Diversity Manager, Google India, told Business Line, “India has one of the largest numbers of women entrepreneurs across the world, at around 1.3 million, which makes it a perfect place for us to pilot the initiative.”

Aimed at providing a springboard for women entrepreneurs, the initiative was started as a pilot in India last year. Workshops are conducted to drive home the point that e-commerce has the potential to provide Indian businesswomen a flexible platform to overcome traditional male-dominated boundaries, and explore business prospects beyond conventional channels.

source: http://www.thehindubusinessline.com / Business Line / Home> Industry> Info-Tech / by Amrita Nair-Ghaswala  amritanair.ghaswala@thehindu.co.in / Mumbai – July 16th, 2013

Holy month of Ramzan

On the occasion of Holy month of Ramzan, the Salar Jung Museum  will organize a special exhibition. Titled ‘Al-Quran Al-Hakeem’, the exhibition will have on display the holy book in different forms of calligraphy.

The exhibition will be inaugurated by Nawab Ahtheram  Ali Khan, member of Salar Jung Museum Board on July 18 at 4.30 pm. The exhibition will be open to general public from July 18 to August 11 at the Western Block of the museum complex.

source: http://www.newindianexpress.com / The New Indian Express / Home> Cities> Hyderabad / by Express News Service – Hyderabad / July 18th, 2013

Student wins gold medal for shot put

Teen aced Junior Olympics at age 10

ATHLETE—Kushaal Tadepalli, a freshman at Agoura High School, throws the shot put in a recent competition.
ATHLETE—Kushaal Tadepalli, a freshman at Agoura High School, throws the shot put in a recent competition.

 Agoura High School freshman Kushaal Tadepalli tossed the 4K-gram shot put a distance of 55 feet, 1.50 inches to win the youth boys’ gold medal at the USA Youth Nationals on July 6 in Edwardsville, Il.

Two days earlier he threw the 1K-gram discus 172 feet, 8 inches to win the bronze.

As a 10-year-old athlete in 2009, he won the gold medal on his final shot put throw at the USATF Junior Olympics in Greensboro, NC.

At Wichita in 2011, the 12-year-old Tadepalli seeded fourth yet won the gold medal, outdistancing the competition by more than 2 feet. When going into the finals after the first three attempts, he broke out the “spin technique” for the first time in meet competition.

He competes again at the National USATF Junior Olympics in Greensboro on July 22 to 28. At the event he will be joined by his twin sister and AHS freshman, Sahana Tadepalli, competing in discus.

source: http://www.theacron.com / The Acorn / Home> Sports / July 18th, 2013

Andhra Pradesh Athletics Association to conduct junior inter-district Championship from Friday

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Hyderabad:

The Andhra Pradesh Athletics Association is conducting the State inter-district junior athletics championships at the GMC Balayogi Athletics Stadium, Gachibowli, from July 19 to 21. Around 1,000 athletes from 23 districts, Sports Authority of Andhra Pradesh academies, Sports Authority of India hostels and sports schools will be competing at the event.

Top athletes from the tournament will represent AP at the South Zone junior athletics championship to be held in Chennai from August 21 to 23.

The championships will be held in under-14, under16, under-18 and above-20 age categories. The Association will designate around 50 technical officials from various AP districts for the event. Hyderabad are the overall defending champions at the event.

source: http://www.deccanchronicle.com / Deccan Chronicle / Home> Sports> Other Sports / by DC Correspondent / July 18th, 2013

First alphabet at Basara Gnana Saraswati temple in AP

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Schools have reopened and children are back in their classrooms. But even before they get enrolled in a school,  there is one place in Andhra Pradesh that they prefer to visit. 

But getting an opportunity to take part in the Aksharabhyasam ritual at the Gnana Saraswati temple in Basara town in Nizamabad district, about 200 km from Hyderabad, is quite tough. Hundreds of parents bring their wards to perform the traditional pooja of making children write their first alphabet on slates in the presence of goddess of knowledge, Gnana Saraswati.

Legend says that Aksharabhyasam ensures education without any breaks and distinction throughout the academic career of young ones.

It is believed that Maharishi Vyasa and his disciples and sage Suka decided to settle down in a cool and serene atmosphere after the Kurukshetra war. In the quest for a peaceful abode, Vyasa came to Dandakaranya forest and pleased with serenity of the region selected a place which is now called as Basara. After ablutions in the river Godavari, Vyasa used to bring three fistfuls of sand and place it in small heaps on the banks and made images of Sharada, Lakshmi and Gowri with his mystic power and later conducted prayers.

This idol of Sharada (Saraswati) made out of sand is now smeared with turmeric. Eating a little bit of this turmeric paste, it is believed, will enhance one’s wisdom and knowledge. Special poojas and celebrations are held at the temple
during Maha Shivaratri, beginning 15 days before (Vasantha Panchami) and continuing three days after the festival. Devi Navarathrulu is celebrated for 10 days during Dasara. Since Maharishi Vyasa spent considerable time in prayers, the place was then called Vasara which later became Basara.

“Aksharabhyasam is to be performed when a child completes two years and is turning three. As the mind of the child develops and is keen to learn various things in the world, Aksharabhyasam is performed in the third year as an initiation to start formal education,” says one of the temple priests Muralidhara Sharma. The literal meaning of Akshara is alph­abet and the meaning of Abhyasam is practice. Hence, this function is considered a pre-requisite in the Hindu religion before the child starts formal
education in a school.

There are four important days in the year when one can perform Aksharabhyasam function at Basara Sree Gnana Saraswati Temple– Vasanta Panchami also known as Siri Panchami, the fifth day after Amavasya (no moon day) in the Hindu month of Maagha marks the advent of spring season. The importance of Basant Panchami is that it is on this day, Saraswati is specially worshipped and children are first taught to write the alphabet. Vijaya Dasami is another day auspicious to conduct Aksharabhyasam.

Another important day for celebrating Aksharabhyasam is Vyasa Pournami (Guru Pournami) which falls on full moon day in the Hindu month of Aashadam. This day is the birthday of Veda Vyasa. Shravana Pournami (Raakhi Pournami) is also considered an auspicious day and people throng Basara temple for performing Aksharabhyasam of their children.

One must carry at least half a kilo of rice along with them to spread on a slate at the time of Aksharabhyasam, turmeric powder and kumkam (vermillion) for use while performing pooja. Other materials like slate, piece of chalk, coconut, flowers and garlands are available at the temple premises.

At Basara, on the four important days there will be long queues and devotees will have to wait for hours for their turn. Devotees try to reach the temple as early as possible to get the first slot for the ritual. In the masse celebration, families will sit in front of the main deity. And the temple priest will give instructions.

“Remember to carry enough snacks like biscuits and water bottles as the children get vexed in the long lines. If possible, carry a couple of favourite toys, just to keep the child preoccupied while waiting in the queue,” suggests D Venumadhav who came from Hyderabad with his son.

There are two options for performing the function at the temple premises– one in front of the main deity and for which the ticket cost is Rs 500. While the other option is in any place in the temple premises outside the sanctum sanctorum and the ticket price is Rs 50.

The temple at Basara is also the abode of Goddess Lakshmi and Kali. It is said that these temples belong to the Chalukya period. The presiding deity, Gnana Saraswati Devi, is in a seated position with a Veena in hand. Adjacent to it is the shrine of Mahalakshmi and a little distance away, on the eastern side is the Maha Kali temple.
There is a cave some 100 metres from the temple and it is believed that devout Narahari Maluka performed rigorous penance in that place.

There is a four-sided monolith rock called Vedavati, which produces different sounds on each side when struck. It is said to contain jewels of Sita Devi. There are eight pushkarnis spread across the village known as Indra Teeratham, Surya Teeratham, Vyasa Teeratham, Valmiki Teeratham, Vishnu Teeratham, Ganesha Teeratham, Puthra Teeratham and Shiva Teeratham.

The most important festivals celebrated at Basara are Maha Shivaratri (February-March) and Devi Navaratrulu (September-October) and on both the occasions about 10,000 pilgrims visit the place from all parts of Andhra Pradesh and Maharashtra.

source: http://www.deccanherald.com / Deccan Herald / Home> Special Features / JBS Umanadh / July 13th, 2013

Farm operations pick up after rain

With the met officials predicting a good monsoon this kharif season, farmers in the district are all set to begin agricultural operations.

The normal cultivable area covers 5.61 lakh hectares in the district and by June end, cultivation began in 1.07 lakh hectares with the main crops being groundnut, cotton and red gram. The land has been tilled and made ready for the seedling stage.

Sowing of ground nut has begun in Kurnool and Adoni revenue divisions. Agriculture joint director D Thakur Naik said that cotton acreage could go up in the coming year as the prospects of an increase in price were bright. So far, cotton has been sown in 60,000 hectares as against the total available area of 1.7 lakh hectares in the district.

Groundnut has been sown in 50,000 hectares as against the total available area of 1.4 lakh hectares and red gram has been sown in 6,000 hectares as against the total available area of 35,000 hectares, he added. Though the cost of cultivation of commercial crops has been on the rise, farmers still prefer for them for the remunerative prices they fetch.

The normal rainfall in July is 117 mm and the rainfall recorded as on date is 77mm, raising hopes of a good Kharif output. Various agencies of the government have been involved in the distribution of seeds.

A wet spell may see a flurry of activity and once the water is released from KC Canal and Srisailam reservoir, agricultural operations are expected to pick up. Water is slated to be released from KC Canal on July 15.

source: http://www.newindianexpress.com / The New Indian Express / Home> States> Andhra Pradesh / by Express News Service – Kurnool / July 14th, 2013